Demystifying Malaysian Withholding Tax (Re-run)

Malaysian withholding tax applies to certain payments made or credited to non-Malaysian tax residents if the payments are derived from or deemed to be from Malaysia. The responsibility for deducting and remitting the withholding tax lies with the Malaysian payers.

Since the Malaysian withholding tax provision places significant demands and responsibilities on payers, a clear understanding of the Malaysian withholding tax regime is critical to avoid any non-compliance penalties.

Further, to address the tax challenges on the Digital Economy arising from the OECD’s BEPS initiative, Malaysia has implemented service tax on digital services provided by a foreign registered person to any consumer in Malaysia, effective 1 January 2020. Malaysian payers would need to consider the withholding tax and service tax impact on payments made to foreign service providers.

Let us assist you to demystify the changes made to the withholding tax and service tax provisions and support you in complying with your tax obligations. 

We will take you through the notable changes made to the above tax law including the issuance of Public Ruling (“PR”) No. 10/2019 and an update of the latest tax cases on withholding taxes. 

We will also look at the Guidelines in determining whether a ‘Place of Business’ exists in Malaysia as well as the Guide on Digital Services by Foreign Service Provider published by the Royal Malaysian Customs Department.

Who should attend:

• Finance managers
• Accountants and accounts executives
• Tax managers and executives

REGISTRATION: Closes on 4 April 2022, and is on a first come, first served basis.

All delegates must register with their own respective email address in order to access / attend the webinar. Entry into the webinar is unique to the registered delegate’s email address and is none transferable. If you are registering on someone else’s behalf, please insert the delegate’s email instead of your own.

PAYMENT: Payment must be made in full by 8 April 2022, with the payment receipt submitted to KPMG. Only registrations paid in full will receive access to the webinar.

Supported payment methods: Visa/Master credit card; FPX; e-Wallet (TnG, Maybank QRPay, GrabPay, Boost, ShopeePay); JomPay; online bank transfer; cheque.

HRD Corp: This event is not HRD Corp-claimable. 

KPMG’s webinar series are conducted online; hence, you will need to have stable internet access in order to participate. While you may view the webinar using a mobile device, it is recommended to participate using a laptop/PC for optimal experience.